Natural gas demand in Europe is likely to remain weak for almost two decades, according to the chief economist at the International Energy Agency, casting doubt on the continent’s ability to diversify its energy supplies and achieve climate change goals at an affordable cost. ›

The U.K. opposition Labour Party would probably drop its pledge to freeze prices for energy “like a hot potato” in the event of talks to form a coalition after next year’s election, said Energy Secretary Ed Davey. ›

UK renewable electricity projects will compete this autumn for an extra GBP95 million ($154 million) in state support, compared with the indicative budget published in July, the Department of Energy and Climate Change said Thursday. ›